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$254M Ct. Powerball jackpot claimed by 3 asset managers

Topic closed. 95 replies. Last post 5 years ago by Iesha Kelly.

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GiveFive's avatar - Lottery-026.jpg
NY State
United States
Member #92609
June 10, 2010
3708 Posts
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Posted: November 29, 2011, 7:39 am - IP Logged

If this isnt an answer to the question; "Do wealthy people play the lottery?", then I dont know what is!

For those of you that dont know the general area where Greenwich is located here's a few facts for you:

Geeenwich is the western most town in The Connecticut Panhandle bordering on The State of New York. It's the westen edge of "The Gold Coast of Connecticut", which extends along Long Island Sound to it's eastern edge in Fairfield, Ct.  The Gold Coast contains towns such as Stamford (aka "Wall Street on the Sound"), and Westport which is home to Fox News's Don Imus, Phil Donohue, Twilight Zone creator Rod Serling, Martha Stewart once lived in Westport, and NCIS Los Angeles's Linda Hunt.  The late host of PBS's "Wall Street Week", Louis Rukeyser, lived on his estate in Greenwich.  It's CEO country, with many CEO's of Fortune 500 corporations like IBM's Sam Palmisano living there. (Sam is retiring in a month, his retirement package was estimated at 170 million dollars.)

Remember the "TART" scandal where all those bank exec's that took Federal bailout money for the failing banks they ran, accepted huge year end bonuses, and wouldnt give it back once they were exposed? Many of them live in Fairfield.

You'll see lots of expensive cars, Mercedes, Jaguar's, Porsche's, and Lexus's are the norm. (I think it's quite ironic that many of them still have an "Obama 08" bumper sticker on them!!)  Lots of expensive resturants, shops and stores.  I once bought a cupcake in a bakery in Westport that cost me 6 bucks! 

So like it or not, no matter whose ticket it really is, whoever it is, they already had lots of money, or else they couldnt live in that neck of the woods.

About playing the lottery --  You will lose more than you win. Until you hit a jackpot.  Then everything changes!

    Avatar
    New Jersey
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    Member #77101
    July 13, 2009
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    Posted: November 29, 2011, 7:42 am - IP Logged

    I believe this is what is actually happening.  It's fairly brilliant.  It's like a double-blind trust.  The lawyer is the only one who speaks - on behalf of three asset managers.  So the real winner is two levels deep, and doesn't even need to show their face at all.  Which is also probably why they won't speak about the circumstances surrounding the purchase of the ticket.

    I Agree!That's exactly what happened.  The real winner is a rich client who wants to remain anonymous and, from what I've read, does not plan to give most of the money to charity.

    Whoever said money can't buy happiness simply didn't know where to go shopping

      Todd's avatar - Cylon 2.gif
      Chief Bottle Washer
      New Jersey
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      Member #1
      May 31, 2000
      23275 Posts
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      Posted: November 29, 2011, 7:47 am - IP Logged

      I Agree!That's exactly what happened.  The real winner is a rich client who wants to remain anonymous and, from what I've read, does not plan to give most of the money to charity.

      Well, it's not proven with 100% certainty at the moment, but it is a solid working theory:  http://www.lotterypost.com/news/239509

       

      Check the State Lottery Report Card
      What grade did your lottery earn?

       

      Sign the Petition for True Lottery Drawings
      Help eliminate computerized drawings!

        Avatar
        New Jersey
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        Posted: November 29, 2011, 8:02 am - IP Logged

        Thanks Todd Thumbs Up

        Whoever said money can't buy happiness simply didn't know where to go shopping


          Canada
          Member #68663
          December 27, 2008
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          Posted: November 29, 2011, 9:18 am - IP Logged

          Everyone seems to believe the story exactly as written. Think again!

          Three guys each contribute 33.3 cents to buy a lottery ticket? It took them this long to claim the ticket? Not likely!

          They are most likely claiming the ticket for someone else that wants to remain annoymous. They are doing this for the secret winner in exchange for the real winner agreeing to invest a lot of the money in their firm. The 3 so called winners are exactly the type of people a winner may visit to help with the money. It took a couple of weeks to work out the contract.

          Good luck.

          Who was the first to call it!

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            NEW YORK
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            Member #90535
            April 29, 2010
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            Posted: November 29, 2011, 9:33 am - IP Logged

            Who was the first to call it!

            1 Quick Pick Ticket Or more tickets bought? What do you think? Great call Mario, do not let ridge see this.


              Canada
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              December 27, 2008
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              Posted: November 29, 2011, 9:37 am - IP Logged

              1 Quick Pick Ticket Or more tickets bought? What do you think? Great call Mario, do not let ridge see this.

              I think 1 ticket. I think they are the kind of player that buys a single ticket for every draw.

              Good luck.

                VAHopeful's avatar - winifrid
                Virginia
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                September 13, 2011
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                Posted: November 29, 2011, 10:50 am - IP Logged

                http://www.lmgtfy.com/?q=benefits+of+trusts

                Thanks for the link!

                  Avatar
                  New Member

                  United States
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                  November 29, 2011
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                  Posted: November 29, 2011, 12:39 pm - IP Logged

                  Two things:

                   

                  1.) I know some of you are just like me.  Pissed.  Pissed that three financially well off guys with great jobs/careers won a fairly large sum in the lottery by purchasing one ticket.  And of course, you're not alone.  But the fact of the matter is that if you and I believe that the lottery is a truly random game; they have every right to win and this is actually a great thing.  Whether you are a charitable millionaire or a greedy convicted felon, once you purchase your ticket or tickets, you have the right and ability to win. So, I may not like it; but it's fair; and the fact that they won, (randomly, I hope), is what I am counting on as well; and, most likely, so are you.

                  2.) Is it just me or is it odd that 3 financial experts (who generally scoff at the lottery) would not only play, but pool their money to buy ONE ticket?  And why wait to claim and go through the trouble of setting up a trust when they waltzed into lotto hq in full view of the press.  I thought that was the whole point of setting up a trust.  Maybe it's just me or I've watched too many conspiracy documentaries.

                   

                  Well that's all.  Good luck to you and me in joining these lucky sobs. Wink

                    NoShame's avatar - Lottery-030.jpg
                    Indiana
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                    January 21, 2011
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                    Posted: November 29, 2011, 1:00 pm - IP Logged

                    I dunno why they couldn't just say they were representing someone else.  I guess they thought they were protecting the actual winner this way.  If only people would just respect the fact that winners want to be private for a reason but everyone thinks that anyone who tries to claim a jackpot anonymously is somehow corrupted covering up something.  Um...no, it's because we don't want strangers and charities begging and harrasing us for money!


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                      Posted: November 29, 2011, 1:12 pm - IP Logged

                      Nah, you're conspiracy hunting, Louise.

                      These are 3 buddies who made a deal to split if any one of them ever happened to win the big one. I've done it before myself (Usually when I'm drunk).

                      Who in their right mind is gonna turn over 254 million dollars to some asset managers? And two from one company and one from another company?

                      Nah.

                      The only scenario I could see in a conspiratorial way is if it was a clerk who stole the ticket from someone else and gave it to them to cash. But they have probably already checked the tape to see who bought the ticket.

                      I think it's all legit.

                      Now! Rdgrnr isn't it ironic that they did exactly what you said," who in their right mind would do"ROFL you got to admit it was a little suspicious.No No

                        Win$500Quick's avatar - Lottery-050.jpg
                        Florida
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                        August 1, 2009
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                        Posted: November 29, 2011, 3:23 pm - IP Logged

                        "The way we look at it is it's just another example that anyone can win the lottery," Farricker said.

                        Something to keep in mind whenever you buy a ticket.

                        Guess Who's Back?

                          ressuccess's avatar - Lottery-043.jpg

                          United States
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                          June 23, 2010
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                          Posted: November 29, 2011, 4:47 pm - IP Logged

                          Congratulations on these PB winners.

                            rdgrnr's avatar - walt
                            Way back up in them dadgum hills, son!
                            United States
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                            April 28, 2009
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                            Posted: November 29, 2011, 5:25 pm - IP Logged

                            1 Quick Pick Ticket Or more tickets bought? What do you think? Great call Mario, do not let ridge see this.

                            THRIFTY! I'm shocked and appalled!

                             

                            Just look at the two of you!  ------------------>  White BounceWhite Bounce


                                                                         
                                                 
                                                                     

                             

                             

                             

                             

                                                                                                                               

                            "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                                        --Edmund Burke

                             

                             

                              rdgrnr's avatar - walt
                              Way back up in them dadgum hills, son!
                              United States
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                              April 28, 2009
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                              Posted: November 29, 2011, 5:30 pm - IP Logged

                              Now! Rdgrnr isn't it ironic that they did exactly what you said," who in their right mind would do"ROFL you got to admit it was a little suspicious.No No

                              Louise, you think these guys are slick.

                              They are.

                              But they're even slicker than you think they are.


                                                                           
                                                   
                                                                       

                               

                               

                               

                               

                                                                                                                                 

                              "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                                          --Edmund Burke